Financial Stability Oversight Council Report
2022-05-10T21:05:56-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvN2UxXC8yMDIyMDUxMDIxMTkwODAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Treasury Secretary Janet Yellen testified at a Senate Banking Committee hearing on the Financial Stability Oversight Council’s (FSOC) annual report to Congress and the state of the U.S. financial system. Secretary Yellen in her opening statement warned lawmakers of the impact of overturning Roe v. Wade, arguing “damaging effects” on the U.S. economy and for women. This comment followed a recently-leaked Supreme Court draft opinion obtained by Politico indicating a majority of the justices would overturn the landmark abortion rights ruling. Senator Tim Scott (R-SC) accused the Treasury Secretary of being “callous” in her comments. Other topics discussed included sanctions against Russia, regulation of the cryptocurrency market, inflation, and affordable housing.
Treasury Secretary Janet Yellen testified at a Senate Banking Committee hearing on the Financial Stability Oversight Council’s (FSOC) annual… read more
Treasury Secretary Janet Yellen testified at a Senate Banking Committee hearing on the Financial Stability Oversight Council’s (FSOC) annual report to Congress and the state of the U.S. financial system. Secretary Yellen in her opening statement warned lawmakers of the impact of overturning Roe v. Wade, arguing “damaging effects” on the U.S. economy and for women. This comment followed a recently-leaked Supreme Court draft opinion obtained by Politico indicating a majority of the justices would overturn the landmark abortion rights ruling. Senator Tim Scott (R-SC) accused the Treasury Secretary of being “callous” in her comments. Other topics discussed included sanctions against Russia, regulation of the cryptocurrency market, inflation, and affordable housing. close
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- Steve Daines U.S. Senator (Class 2) [R] Montana
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- Tina Smith U.S. Senator (Class 2) [D] Minnesota
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